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> If China dumped bonds, why would anyone buy debt from the USG when they can get it cheap on the open market that has just had 1 trillion dumped in it. The me
by jcalvinowens 13y ago
> If China dumped bonds, why would anyone buy debt from the USG when they can get it cheap on the open market that has just had 1 trillion dumped in it.
The member banks of the federal reserve are required to buy government debt if nobody else will.